VMD vs. DVA
VMD (Viemed Healthcare Inc) and DVA (DaVita Inc.) are both stocks. Both are in the Healthcare sector — VMD in Medical Devices, DVA in Medical Care Facilities. Over the past 5 years, VMD returned 11.57%/yr vs 13.78%/yr for DVA. At a 0.15 correlation, their price movements are largely independent.
Performance
VMD vs. DVA - Performance Comparison
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Returns By Period
In the year-to-date period, VMD achieves a 65.68% return, which is significantly lower than DVA's 104.91% return.
VMD
- 1D
- 0.41%
- 1M
- 17.80%
- 6M
- 70.03%
- YTD
- 65.68%
- 1Y
- 82.64%
- 3Y*
- 10.19%
- 5Y*
- 11.57%
- 10Y*
- —
DVA
- 1D
- 1.45%
- 1M
- 11.57%
- 6M
- 108.88%
- YTD
- 104.91%
- 1Y
- 63.31%
- 3Y*
- 31.20%
- 5Y*
- 13.78%
- 10Y*
- 11.58%
VMD vs. DVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VMD Viemed Healthcare Inc | 65.68% | -7.36% | 2.17% | 3.84% | 44.83% | -32.73% | 25.16% | 63.16% | 122.18% |
DVA DaVita Inc. | 104.91% | -24.03% | 42.75% | 40.30% | -34.36% | -3.10% | 56.47% | 45.80% | -29.42% |
Correlation
The correlation between VMD and DVA is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2018 | 0.15 |
Fundamentals
VMD:
$471.93M
DVA:
$14.94B
VMD:
$0.37
DVA:
$14.48
VMD:
33.38
DVA:
16.07
VMD:
1.60
DVA:
2.51
VMD:
1.73
DVA:
0.91
VMD:
$286.57M
DVA:
$13.84B
VMD:
$163.52M
DVA:
$3.23B
VMD:
$46.09M
DVA:
$2.49B
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Return for Risk
VMD vs. DVA — Risk / Return Rank
VMD
DVA
VMD vs. DVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Viemed Healthcare Inc (VMD) and DaVita Inc. (DVA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VMD | DVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.34 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | 2.00 | +2.84 |
| Martin ratioReturn relative to average drawdown | 12.04 | 4.46 | +7.57 |
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Drawdowns
VMD vs. DVA - Drawdown Comparison
The maximum VMD drawdown since its inception was -69.35%, smaller than the maximum DVA drawdown of -92.91%. Use the drawdown chart below to compare losses from any high point for VMD and DVA.
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Drawdown Indicators
| VMD | DVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.35% | -92.91% | +23.56% |
Max Drawdown (1Y)Largest decline over 1 year | -15.86% | -31.36% | +15.50% |
Max Drawdown (3Y)Largest decline over 3 years | -40.64% | -41.43% | +0.79% |
Max Drawdown (5Y)Largest decline over 5 years | -49.62% | -51.10% | +1.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.10% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.23% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -29.22% | -20.01% | -9.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 14.00% | -7.38% |
Volatility
VMD vs. DVA - Volatility Comparison
Viemed Healthcare Inc (VMD) has a higher volatility of 7.18% compared to DaVita Inc. (DVA) at 5.70%. This indicates that VMD's price experiences larger fluctuations and is considered to be riskier than DVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VMD | DVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.18% | 5.70% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 29.60% | 34.92% | -5.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.33% | 42.91% | -4.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.95% | 37.31% | +3.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.60% | 34.75% | +22.85% |
Dividends
VMD vs. DVA - Dividend Comparison
Neither VMD nor DVA has paid dividends to shareholders.
Financials
VMD vs. DVA - Financials Comparison
This section allows you to compare key financial metrics between Viemed Healthcare Inc and DaVita Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
VMD vs. DVA - Profitability Comparison
VMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Viemed Healthcare Inc reported a gross profit of 42.83M and revenue of 75.41M. Therefore, the gross margin over that period was 56.8%.
DVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DaVita Inc. reported a gross profit of 0.00 and revenue of 3.42B. Therefore, the gross margin over that period was 0.0%.
VMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Viemed Healthcare Inc reported an operating income of 4.30M and revenue of 75.41M, resulting in an operating margin of 5.7%.
DVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DaVita Inc. reported an operating income of 481.89M and revenue of 3.42B, resulting in an operating margin of 14.1%.
VMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Viemed Healthcare Inc reported a net income of 2.58M and revenue of 75.41M, resulting in a net margin of 3.4%.
DVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DaVita Inc. reported a net income of 197.53M and revenue of 3.42B, resulting in a net margin of 5.8%.
Frequently Asked Questions
VMD and DVA have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VMD has higher volatility (7.18%) compared to DVA (5.70%). In terms of maximum drawdown, VMD dropped -69.35% vs DVA's -92.91%.
VMD currently has the higher Sharpe Ratio (2.00 vs 1.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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